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Fort McCoy's Economic Impact Exceeds $900 Million

(2/28/14)  Fort McCoy's total economic impact for fiscal year (FY) 2013 was an estimated $902.4 million, down from the $1.02 billion reported
for FY 2012, garrison officials announced.

The data was compiled by Fort McCoy's Plans, Analysis and Integration
Office.

Fort McCoy supported training for 125,136 personnel in FY 2013, which ran
from Oct. 1, 2012, to Sept. 30, 2013. The training population included
reserve- and active-component personnel from throughout the military.

Workforce payroll, operating costs and other expenditures totaled $282
million for FY 2013 compared to $317.5 million for FY 2012. The decrease
reflects the impact of congressionally mandated sequestration, the furlough
of civilian personnel and other personnel restrictions, as well as
reductions in sustainment, restoration and modernization funding.

Fort McCoy's funding peaked in FY 2010, with subsequent decreases in overall
funding and execution as a result of the decline of Overseas Contingency
Operations and American Recovery and Reinvestment Act (Stimulus) funding.

A total of 2,443 personnel worked at Fort McCoy in FY 2013 - 1,383
civilians, 424 military and 636 contract employees.

Approximately 72 percent of the workforce lives within Monroe County.

The total FY 2013 workforce payroll for civilian and military personnel was
$124.6 million.

FY 2013 operating costs were $144.6 million, which included utilities,
physical plant maintenance, repair and improvements, new construction
projects, purchases of supplies and services as well as salaries for
civilian contract personnel working at Fort McCoy.

Other expenditures accounted for $12.8 million, which covered $270,176 to
local governments (including land permit agreements, school district impact
aid, etc.) and $12.5 million in discretionary spending in local communities
by Soldiers at Fort McCoy for training.

A gross multiplier index (GMI) of 3.2 was used to determine the overall
effect of the expenditures in the local economy. The GMI measures the number
of times a dollar turns over within a region.

 

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